Slovak Residential Property Prices Drop In Q1

By IBT Staff Reporter On 05/20/09 AT 8:37 AM

RTTNews - Wednesday, a report from the National Bank of Slovakia showed that residential property prices declined in the first quarter of 2009. Price per square meter of residential property stood at EUR 1,413 in the first quarter, down from EUR 1,479 in the fourth quarter. Meanwhile, average prices of flats decreased around 7% from the previous year.